Strategic Partner in South America
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Key indicators 2014 GDP(2015)
Population
31 millions
3.8%
Minimum wage
Inflation
US$ 236*
3.2%
Free trade agreements Agreements in force
Agreements to enter in force
Agreements under negotiation
*US$1 = S/.3.18 nuevos soles Source ; Euromonitor
多Why invest in Peru? 1. Internationally recognized macroeconomic soundness
2. Friendly investment environment 3. Open trade and market access policy 4. Attractive sectors to Invest
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Peru is one of the most dynamic economies in the world 2014
2015
2016
7,5
% GDP change
6,8
3,8
3,4
3,1
3,0
2,7 1,0
India
China
Peru
Colombia
United States
Mexico
Chile
Japan
Brazil
Russia
-1,0
-3,8 Source: IMF, World Economic Outlook Database, April 2015
The economy is expected to grow in the next years 8,5
6,5 6,0
5,8
5,5
% GDP change
5,0
4,8
4,5
4,5
2019
2020
3,8 2,4
2010
2011
2012
2013
2014
Source: IMF, World Economic Outlook Database, April 2015
2015
2016
2017
2018
Peru: GDP per capita Year
GDP -per capita (US$)
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
6,295 6,800 7,422 8,099 8,875 8,899 9,620 10,292 10,931 11,556 11,817 12,187 12,788
+155% 11.556
11.817
2013
2014
10.931 10.292 9.620 8.875
8.899
2008
2009
8.099 6.295
2004
6.800
2005
2007
2010
2011
Source: IMF, World Economic Outlook Database, April 2015
• GDP per capita has increased 88% in the last 10 years.
2012
Peru offers a favorable legal framework for foreign investment Non discriminatory treatment Unrestrictive access to most economic sectors *
Free transfer of capital and free competition Guarantee for Private Property.
Freedom to purchase stocks from locals.
Network of investments agreements and member of ICSID and MIGA Peru participates in the Investment Committee of the OECD
Fuente: Proinversi贸n
*Investments that require authorization: Located within 50 km in the frontier line and those destined to arms, ammunitions and explosive. Likewise, a principal local partner for investments in maritime cabotage as well as in air transport is required.
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Peru is at the N°35 position out of 189 countries in the Doing Business 2015 Ranking Perú
Chile
Colombia
México
Brasil
Doing Business
35
41
34
39
120
Starting a Business
89
59
84
67
167
Dealing with construction permits
87
62
61
108
174
Registering Property
26
45
42
110
138
Getting credit
12
71
2
12
89
Trading across borders
55
40
93
44
123
Protecting investors
40
56
10
62
35
Source: Doing Business 2014, World Bank. Analysis of 189 countries
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The Peruvian export success creates a dynamic effect on the rest of the national economy (2013)
U.S.$ 1 370 Exports per capita
4 642 Products exported
U.S. $ 2 730 to 2016
5 000 to 2016
8 227
US$ 11 630 M
Exporters
Non-Traditional Exports
Source: SUNAT
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Working to become a globalized economy, with preferential access to the world’s largest markets
Canada China
United States
European Union South Korea
Turkey
Thailand
95% of Peruvian exports with trade preferences (US$ 40 000 millions)
Japan
Costa Rica Mexico El Salvador
Guatemala Honduras
Singapur Panama
Agreements to enter in force Agreements under negotiation Agreements in force Source: MINCETUR
Cuba
Chile
Venezuela
PERU : SWOT ANALYSIS •
Strengths
•
•
Weaknesses
•
•
Opportunities
•
•
Threats
•
Source: Euromonitor International
Peru’s real GDP growth over 2009-2014 has been amongst the highest in Latin America. Favorable business climate with open policies towards trade and foreign direct investment (FDI) Elevated levels of poverty and income inequality generate social tensions Peru’s external sector is highly reliant on commodity exports, increasing the vulnerability to external shocks Sound fiscal policy helps to provide foundation for long-term economic growth Improved stability of the financial sector has contributed to robust expansion of credit As a net energy importer, Peru would be negatively affected by increases in global process of crude oil Strong growth in real estate prices continues to generate concerns over a property bubble
Textile and Apparel
Why source from Peru?
ďƒź Textile Tradition The first traces of civilization in Peruvian territory date from five thousand years ago. Archeological excavations not only have uncovered temples and palaces but also garments that in their time dressed up rulers, priests, warriors and commoners. What is striking about these pieces is their manufacturing quality, thus reflecting that ancient Peruvians paid special attention to what they wore. Cotton and alpaca wool were the main inputs of an activity that was practiced by artisans whose knowledge and techniques were transmitted along generations.
Luxury Fibers PERUVIAN COTTON, Cotton knitted garments are the main Peru’s specialization. Pima cotton is ideal to create and develop comfortable, colorful and modern garments. Its softness is due to its length and finesse; therefore it gives shine and freshness to the fabrics. Tangüis cotton has great absorption of dyes which is a perfect attribute for printing. World’s leading brands have already ordered to Peruvian companies to produce their collections, especially the ones oriented to the urban and youth segment, which is the most demanding in regard to trends. Specialized segments as the children’s have also been conquered.
ALPACA, considered the “Gods’ fiber” for its exceptional quality, is synonymous of exclusiveness and elegance since pre-Columbian times. Different cultures, including the Inca culture achieved to domesticate this South American camelid and turned its fur in raw material for the manufacture of garments. Nowadays, alpaca is highly appreciated in the fashion world for its incomparable softness, flexibility in dyeing and design versatility. 80% of the Alpaca world production is concentrated in Peru and competes in the international market with fibers as refined as cashmere and mohair.
Creativity and Design From traditional to vanguard. Such a process would seem complex at first glance but it turns out to be simple in the hands of Peruvian artists. That’s because talent encourages inspiration and young designers are basing their work in the wide array of traditional styles in order to transform them in modern and original creations. And the sources of said inspiration are countless. They come from the coast, the Andean region and also the Amazon, where the stand out is kené, which is more than a style for it is the way that the shipibo-conibo people understand their world. The young Peruvian garment makers are combining the widespread techniques with the new ones, but what makes them unique and competitive is their ability to create collections based in the country’s cultural wealth. Having those attributes, there is no limit for their imagination.
ďƒź Social Responsability/ Fair Trade
The majority of our companies have established social programs in order to support the well-being not only of their workers but also of the communities around.
ďƒź FTA EU and Peru
Since march 2013, EU and Peru have a Free Trade Agreement in force that allows Peru to enter to EU market with duty free access.
ďƒź Full Package Service
Ginning Dyeing Printing
Spinning Cutting Laundry
Yarn dyeing Sewing Finishing
Knitting Embroidery
ďƒź Certifications Most of the Peruvian companies are internationally certified as a requirement of the market. These certifications prove the commitment of the companies with their product quality, environment, workers, etc
Peru sources to top global brands
Some numbers‌
Peruvian apparel Industry Peruvian apparel exports (Millions of US dollars)
Peruvian apparel sector: Main export markets (Share %)
US$ Millones / (US$ millions)
2014
Otros / Other markets; 10,5
1.185
2013
1.368
2012
1.603
2011
1.509
2010
1.173
2009
1.155
Germany, 3,2 Colombia; 2,9
2008
1.627
2007
1.393
2006
Brasil / Brazil; 7,2
1.050
2004
863
2003
2001
EE.UU / USA; 52,7
Chile; 2,9
1.185
2005
2002
Ecuador; 2,5
648 526 495
Venezuela; 12,9
Peruvian apparel Industry - Cotton Peruvian apparel made of cotton: Main export markets (Share %)
Peruvian exports of apparel made of cotton (Millions of US dollars)
MĂŠxico / Mexico; 1,7
2014
Italia / Italy; 1,6
894
Argentina; 2,2
Otros / Others markets; 9,1
Colombia; 2,7
2013
958 Ecuador; 2,7
1224
2012
Chile; 2,1 Alemania / Germany; 3,6 EE.UU / USA; 56,3
1227
2011
Brasil / Brazil; 9,3
2010
994
2009
990
Venezuela; 8,7
Peruvian apparel Industry – Fine Fiber/Alpaca Peruvian apparel made of Alpaca: Main export markets (Share %)
Peruvian exports of apparel made of Alpaca (Millions of US dollars)
Others; 10% Canada; 2%
46
2014
Switzerland; 2% Chile; 3%
Italy; 3%
37
2013
Australia; 3%
37
2012
United States; 48%
France; 6%
40
2011
UK; 6%
33
2010
Japan; 8% 2009
28
Germany; 10%
Leading Products Apparel Industry • Garments made of cotton: T-Shirts (US$ 363 millions) Shirts for men (US$ 203 millions)
Sweaters (US$ 70 millions) Shirts & blouses (US$ 42 millions) Men’s Underwear (US$ 16 millions)
Babies’ garments and clothing's accessories (US$ 32 millions) Sweaters made of fine hair (Alpaca) (US$ 18 millions)
The leading exporter of knitted garments in South America
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